NAICS Code 424690-45 - Helium (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
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  • Employee Count
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Looking for more companies? See NAICS 424690 - Other Chemical and Allied Products Merchant Wholesalers - 3,130 companies, 50,504 emails.

NAICS Code 424690-45 Description (8-Digit)

Helium (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry that involves the wholesale distribution of helium gas. Helium is a colorless, odorless, and tasteless gas that is the second lightest element in the universe. It is commonly used in a variety of industries, including healthcare, aerospace, and electronics. Helium is also used for welding, as a coolant for nuclear reactors, and as a lifting gas for balloons and airships.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424690 page

Tools

Tools commonly used in the Helium (Wholesale) industry for day-to-day tasks and operations.

  • Helium gas cylinders
  • Regulators and flow meters
  • Helium leak detectors
  • Vacuum pumps
  • Cryogenic gloves and aprons
  • Helium compressors
  • Gas chromatographs
  • Mass spectrometers
  • Helium purifiers
  • Helium recovery systems

Industry Examples of Helium (Wholesale)

Common products and services typical of NAICS Code 424690-45, illustrating the main business activities and contributions to the market.

  • Balloon and party supply stores
  • Welding supply companies
  • Healthcare equipment suppliers
  • Aerospace and defense contractors
  • Electronics manufacturers
  • Scientific research institutions
  • Oil and gas exploration companies
  • Beverage and food packaging companies
  • Glass and metal fabrication companies
  • Amusement park and entertainment companies

History

A concise historical narrative of NAICS Code 424690-45 covering global milestones and recent developments within the United States.

  • The Helium (Wholesale) industry has a long and interesting history. Helium was first discovered in 1868 by French astronomer Jules Janssen, who noticed a yellow spectral line while observing a solar eclipse. In 1903, American scientists discovered that helium could be extracted from natural gas. The United States became the world's largest producer of helium in the 1920s, and the gas was used for airships, blimps, and other military applications. During World War II, the US government built a massive helium extraction plant in Texas to supply the military. In the postwar period, helium was used for a variety of industrial and scientific applications, including welding, cooling, and MRI machines. Today, the Helium (Wholesale) industry is a vital part of the global economy, with the United States, Russia, and Algeria being the largest producers of helium. In recent history, the Helium (Wholesale) industry in the United States has faced several challenges. In 1996, Congress passed the Helium Privatization Act, which mandated the sale of the government's helium reserves by 2015. This led to a glut of helium on the market and a drop in prices. In 2013, Congress passed the Helium Stewardship Act, which extended the government's control of the helium market and prevented a sudden price drop. The industry has also faced supply chain disruptions due to the COVID-19 pandemic, which has led to a shortage of helium in some parts of the world. Despite these challenges, the Helium (Wholesale) industry remains an important part of the US economy, with a wide range of industrial and scientific applications.